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Best stock brokers & investing apps in the United States

9 licensed stock brokers & investing apps, ranked on the company that would actually open your account. How we rate

Robinhood logo

Top pick

Robinhood

Score 79/100, licensed in the United States

Robinhood logo

$0 commission on US stocks

Robinhood

and 6 more on this list

Robinhood logo

Lowest verified minimum deposit

Robinhood

No minimum, and 5 more at the same level

Is it legal?Yes, with a licensed stock broker.
Where they're licensedAll 9 in the United States: 9 licensed by SEC / FINRA.
If a stock broker failsSecurities Investor Protection Corporation (SIPC): $500,000 incl. $250,000 cash. The scheme depends on the country that licenses the firm. It never covers trading losses.

The value of investments can go down as well as up, and you may get back less than you invest. Past performance is not a reliable indicator of future results.

All 9 stock brokers & investing apps

#BrokerStock feeInstrumentsMin. depositCoinish ScoreActions
1
Robinhood logo
Top pick

Robinhood

Licensed in the United States · SEC / FINRA

$0US stock feeNot verified$079rated 4.0/5
2
moomoo logo

moomoo

Licensed in the United States · SEC / FINRA

$0US stock feeNot verified$077rated 3.9/5
3
Webull logo

Webull

Licensed in the United States · SEC / FINRA

$0US stock feeNot verified$073rated 4.5/5
4
eToro logo

eToro

Licensed in the United States · SEC / FINRA

$2US stock fee10,000+$5073rated 3.8/5
5
SoFi Invest logo

SoFi Invest

Licensed in the United States · SEC / FINRA

$0US stock feeNot verified$572rated 3.6/5
6
Interactive Brokers logo

Interactive Brokers

Licensed in the United States · SEC / FINRA

$1US stock feeNot verified$071rated 4.0/5
7
Public logo

Public

Licensed in the United States · SEC / FINRA

$0US stock fee9,000+Not verified67rated 3.6/5
8
TradeStation logo

TradeStation

Licensed in the United States · SEC / FINRA

$0US stock feeNot verified$060rated 4.0/5
9
Firstrade logo

Firstrade

Licensed in the United States · SEC / FINRA

$0US stock fee11,000+$059rated 3.8/5

Good to know

Stocks rules in the United States

Local licence required

Stock brokers serving US residents must be SEC-registered broker-dealers (and FINRA members).

Regulator sources (1)
  • “Section 15(a)(1) of the Act generally makes it unlawful for any broker or dealer to use the mails”

    sec.gov · Oct 5, 2026

Stocks in the United States at a glance

  • 9 stock brokers & investing apps with a verified licence serve residents of the United States: 9 hold a local licence (SEC / FINRA).
  • Top pick by Coinish Score: Robinhood (79/100, Editor Rating 4.0/5).
  • $0 commission on US stocks: Robinhood, moomoo, Webull and SoFi Invest and 3 more.
  • No minimum deposit: Robinhood, moomoo, Webull and Interactive Brokers and 2 more.

How this ranking works

Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of the United States, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate

Stocks in the United States: what to know

All 9 stock brokers & investing apps on this list hold a licence from the Securities and Exchange Commission / Financial Industry Regulatory Authority (SEC / FINRA) (Robinhood, moomoo, Webull, eToro, SoFi Invest and 4 more).

What to check before you open an account in United States

  • Search the company name on the SEC / FINRA register (brokercheck.finra.org).
  • Check which company your contract is with. Robinhood, for example, onboards residents of the United States through Robinhood Financial LLC (SEC / FINRA, CRD 165998), and the name on the account-opening documents should match the list.

Is share trading legal in the United States?

Yes, with a licensed provider. Stock brokers serving US residents must be SEC-registered broker-dealers (and FINRA members).

Source: sec.gov

What is the best stock broker in the United States?

By Coinish Score, Robinhood (79/100, Editor Rating 4.0/5), through Robinhood Financial LLC (SEC / FINRA, CRD 165998). moomoo (77) and Webull (73) follow. The score rates the company that would serve you in the United States, so the same brand can rank differently in another country.

Is your money protected if a stock broker fails?

If a broker fails, the compensation scheme of the regulator that licenses it applies, not one chosen by where you live. For this list: Securities Investor Protection Corporation (SIPC): $500,000 incl. $250,000 cash for clients of SEC / FINRA-licensed investment firms (9 on this list). Compensation covers missing client money and assets after a firm's failure, never trading losses.

Source: sipc.org

Do you pay tax on share profits in the United States?

Gains on assets held more than one year are long-term capital gains; held one year or less, they are short-term and taxed as ordinary income.

Coinish isn't a tax adviser: check your own situation with the tax authority or an accountant.

Source: irs.gov

Coinish provides general information only. Nothing on this site is investment, tax or legal advice.